Zyden Gentec allots 55450000 shares

The Board of Directors of Zyden Gentec Ltd at its meeting held on March 28, 2012 has allotted 5,54,50,000 Equity Shares on Preferential basis of face value of Re. 1/- each at Rs. 1.36 (including share premium) per share to Persons other than Promoters.

The Zyden Gentec Ltd stock was trading at Rs.1.86, up by Rs.0.06 or 3.33%. The stock hit an intraday high of Rs.1.89 and low of Rs.1.72.

The total traded quantity was 0.18 lakhs compared to 2 week average of 0.34 lakhs.

Source : Equity Bulls

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